SCANDIC WORK NORWAY AS

3550 GOL

Finances

Share Ownership

Return on Equity

−261,92 %

Current Ratio

0,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 548 000	4 058 000	3 134 000	4 678 000
Net Income	−626 000	−20 000	67 000	432 000
Total Assets	954 000	1 613 000	1 530 000	934 000
Total Equity	239 000	865 000	345 000	278 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 548 000	4 058 000	3 134 000	4 678 000
Expenditure	2 145 000	4 033 000	3 018 000	4 224 000
Operating Profit	−597 000	25 000	116 000	454 000
Financial Income	0	0	0	0
Financial Costs	29 000	44 000	49 000	22 000
Financial Balance	−29 000	−44 000	−49 000	−22 000
Earnings Before Tax	−626 000	−20 000	67 000	432 000
Tax	0	0	0	0
Net Income	−626 000	−20 000	67 000	432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	764 000	1 342 000	1 503 000	889 000
Total Current Assets	191 000	271 000	27 000	46 000
Total Assets	954 000	1 613 000	1 530 000	934 000
Total Retained Equity	0	295 000	315 000	248 000
Total Equity	239 000	865 000	345 000	278 000
Total Long-Term Debt	0	0	284 000	0
Total Current Debt	715 000	748 000	901 000	657 000
Total Equity and Debt	954 000	1 613 000	1 530 000	934 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 528 000	4 058 000	3 134 000	4 678 000
Other Income	19 000	0	0	0
Revenue	1 548 000	4 058 000	3 134 000	4 678 000
Cost of Goods Sold	42 000	1 899 000	1 415 000	2 611 000
Salary Costs	1 412 000	1 427 000	907 000	1 160 000
Depreciation	301 000	236 000	178 000	86 000
Impairment	0	0	0	0
Expenditure	2 145 000	4 033 000	3 018 000	4 224 000
Operating Profit	−597 000	25 000	116 000	454 000
Financial Income	0	0	0	0
Financial Costs	29 000	44 000	49 000	22 000
Financial Balance	−29 000	−44 000	−49 000	−22 000
Dividends	0	0	0	0
Net Income	−626 000	−20 000	67 000	432 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	304 000	518 000	573 000	474 000
Fixtures	430 000	794 000	899 000	385 000
Total Tangible Assets	734 000	1 312 000	1 473 000	859 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	764 000	1 342 000	1 503 000	889 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 000	64 000	28 000	29 000
Total Current Assets	191 000	271 000	27 000	46 000
Total Assets	954 000	1 613 000	1 530 000	934 000
Total Equity	239 000	865 000	345 000	278 000
Short-Term Group Debt	0	144 000	350 000	0
Total Long-Term Debt	0	0	284 000	0
Creditors	0	0	0	45 000
Unpaid Taxes	165 000	216 000	124 000	73 000
Dividends	0	0	0	0
Other Current Debt	326 000	174 000	144 000	144 000
Total Current Debt	715 000	748 000	901 000	657 000
Total Equity and Debt	954 000	1 613 000	1 530 000	934 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−261,92 %	−2,31 %	19,42 %	155,4 %
Debt-to-Equity Ratio	0	0	0,82	0
Operating Profit Margin	−38,57 %	0,62 %	3,7 %	9,71 %
Current Ratio	0,27	0,36	0,03	0,07
Quick Ratio	0,27	0,36	0,03	0,07
Equity Ratio	0,25	0,54	0,23	0,3
Gross Profit Margin	97,29 %	53,2 %	54,85 %	44,19 %